Caledonia Total Assets vs Net Receivables Analysis

CMCL Stock   855.00  10.00  1.18%   
Caledonia Mining financial indicator trend analysis is way more than just evaluating Caledonia Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caledonia Mining is a good investment. Please check the relationship between Caledonia Mining Total Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caledonia Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Caledonia Stock please use our How to Invest in Caledonia Mining guide.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caledonia Mining Total Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
Total AssetsNet ReceivablesDiversified AwayTotal AssetsNet ReceivablesDiversified Away100%
The correlation between Caledonia Mining's Total Assets and Net Receivables is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Caledonia Mining, assuming nothing else is changed. The correlation between historical values of Caledonia Mining's Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Caledonia Mining are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Caledonia Mining's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Caledonia Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Caledonia Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Caledonia Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caledonia Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caledonia Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Caledonia Stock please use our How to Invest in Caledonia Mining guide.Selling General Administrative is likely to gain to about 19.5 M in 2024. Tax Provision is likely to gain to about 12.9 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit54.1M61.8M41.5M43.6M
Total Revenue121.3M142.1M146.3M153.6M

Caledonia Mining fundamental ratios Correlations

0.991.00.750.47-0.371.00.910.95-0.370.840.940.420.860.980.870.920.950.760.940.950.430.670.20.320.85
0.990.990.710.5-0.330.990.90.93-0.330.830.950.380.790.980.880.880.920.740.910.950.410.650.210.230.84
1.00.990.790.49-0.431.00.910.95-0.430.830.940.410.860.980.830.920.950.760.940.930.410.70.180.350.86
0.750.710.790.56-0.840.790.620.73-0.840.490.80.150.740.750.340.690.820.620.780.550.060.9-0.140.490.87
0.470.50.490.56-0.60.510.540.53-0.6-0.060.50.020.170.530.20.410.40.10.360.46-0.420.640.220.060.43
-0.37-0.33-0.43-0.84-0.6-0.44-0.37-0.421.0-0.03-0.41-0.01-0.37-0.430.13-0.39-0.43-0.22-0.47-0.220.22-0.660.08-0.38-0.48
1.00.991.00.790.51-0.440.910.95-0.440.820.940.40.860.980.820.920.950.760.940.930.40.70.180.350.86
0.910.90.910.620.54-0.370.910.93-0.370.710.790.610.750.920.780.880.790.510.830.940.380.490.420.330.64
0.950.930.950.730.53-0.420.950.93-0.420.750.860.480.830.970.80.940.910.610.930.930.360.630.210.370.79
-0.37-0.33-0.43-0.84-0.61.0-0.44-0.37-0.42-0.03-0.41-0.01-0.37-0.430.13-0.39-0.43-0.22-0.47-0.220.22-0.660.08-0.38-0.48
0.840.830.830.49-0.06-0.030.820.710.75-0.030.770.470.820.790.870.760.820.770.830.80.760.350.080.240.7
0.940.950.940.80.5-0.410.940.790.86-0.410.770.240.790.890.780.780.910.780.850.820.310.810.030.310.91
0.420.380.410.150.02-0.010.40.610.48-0.010.470.240.470.410.460.540.33-0.050.440.510.48-0.020.360.330.16
0.860.790.860.740.17-0.370.860.750.83-0.370.820.790.470.820.690.90.910.760.90.740.480.630.030.690.78
0.980.980.980.750.53-0.430.980.920.97-0.430.790.890.410.820.820.940.940.710.950.960.390.650.20.280.83
0.870.880.830.340.20.130.820.780.80.130.870.780.460.690.820.770.760.650.760.910.590.330.280.120.62
0.920.880.920.690.41-0.390.920.880.94-0.390.760.780.540.90.940.770.920.670.930.90.420.550.160.450.74
0.950.920.950.820.4-0.430.950.790.91-0.430.820.910.330.910.940.760.920.810.940.840.40.75-0.070.380.93
0.760.740.760.620.1-0.220.760.510.61-0.220.770.78-0.050.760.710.650.670.810.720.610.460.58-0.10.30.76
0.940.910.940.780.36-0.470.940.830.93-0.470.830.850.440.90.950.760.930.940.720.880.460.620.160.420.8
0.950.950.930.550.46-0.220.930.940.93-0.220.80.820.510.740.960.910.90.840.610.880.470.440.380.190.67
0.430.410.410.06-0.420.220.40.380.360.220.760.310.480.480.390.590.420.40.460.460.47-0.130.140.070.25
0.670.650.70.90.64-0.660.70.490.63-0.660.350.81-0.020.630.650.330.550.750.580.620.44-0.13-0.270.430.89
0.20.210.18-0.140.220.080.180.420.210.080.080.030.360.030.20.280.16-0.07-0.10.160.380.14-0.270.08-0.29
0.320.230.350.490.06-0.380.350.330.37-0.380.240.310.330.690.280.120.450.380.30.420.190.070.430.080.3
0.850.840.860.870.43-0.480.860.640.79-0.480.70.910.160.780.830.620.740.930.760.80.670.250.89-0.290.3
Click cells to compare fundamentals

Caledonia Mining Account Relationship Matchups

Caledonia Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets143.6M177.9M210.9M235.2M328.3M344.7M
Total Stockholder Equity108.4M141.5M161.3M171.1M239.7M251.7M
Property Plant And Equipment Net113.7M133.2M157.8M196.6M273.9M287.6M
Net Debt(6.1M)(18.4M)(15.8M)7.9M20.8M21.8M
Retained Earnings(88.4M)(71.5M)(59.2M)(50.2M)(63.2M)(66.3M)
Cash9.4M19.1M17.2M4.7M4.3M8.0M
Non Current Assets Total113.7M133.3M157.9M196.8M274.1M287.8M
Non Currrent Assets Other82.1M97.5M113.7M157.9M181.6M190.7M
Other Assets98K63K87K194K223.1K234.3K
Cash And Short Term Investments9.4M19.1M17.2M4.7M4.3M8.0M
Common Stock Shares Outstanding10.7M11.7M12.2M12.8M17.5M18.4M
Liabilities And Stockholders Equity143.6M177.9M210.9M235.2M328.3M344.7M
Other Current Assets4.4M4.8M6.9M6.1M18.6M19.5M
Total Liab18.8M19.9M30.3M41.7M64.1M67.3M
Property Plant And Equipment Gross113.7M133.2M203.8M251.4M273.9M287.6M
Total Current Assets29.8M44.6M52.9M38.4M54.2M56.9M
Accumulated Other Comprehensive Income(8.6M)(8.8M)(9.3M)(9.8M)(10.4M)(9.9M)
Other Current Liab6.1M7.1M12.6M15.1M15.4M16.2M
Total Current Liabilities9.9M10.0M17.7M32.4M40.1M42.1M
Accounts Payable2.8M1.9M2.5M3.5M6.2M6.5M
Net Receivables4.9M3.9M8.0M9.2M11.1M11.6M
Inventory11.1M16.8M20.8M18.3M20.3M21.3M
Short Long Term Debt Total3.3M647K1.4M12.7M25.1M26.3M
Non Current Liabilities Total9.0M9.9M12.6M9.3M24.0M25.2M
Common Stock56.1M74.7M82.7M83.5M165.1M90.2M
Other Liab28.7M7.0M9.7M12.3M11.1M12.3M
Net Tangible Assets70.5M108.4M141.5M161.3M185.5M194.8M
Property Plant Equipment97.4M113.7M133.2M157.8M181.4M93.7M
Net Invested Capital110.8M141.5M887K183.4M264.6M277.8M
Net Working Capital20.0M34.6M35.2M6.0M14.1M21.7M
Capital Stock56.1M74.7M82.7M83.5M165.1M94.8M

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